Cybersecurity Ventures projects $1 trillion will be spent globally on cybersecurity from 2017 to 2021
We expect worldwide spending on cybersecurity products and services to eclipse $1 trillion for the five-year period from 2017 to 2021” (1) says Steve Morgan, founder and Editor-In-Chief at Cybersecurity Ventures. “IT analyst forecasts are unable to keep pace with the dramatic rise in cybercrime, the ransomware epidemic, the refocusing of malware from PCs and laptops to smartphones and mobile devices, the deployment of billions of under-protected Internet of Things (IoT) devices, the legions of hackers-for-hire, and the more sophisticated cyber-attacks launching at businesses, governments, educational institutions, and consumers globally.
See full report here: Cybersecurity Ventures
